Nvidia's Blackwell GPUs are in full production and “progressing smoothly”: Wells Fargo
Nvidia (NASDAQ: NVDA ) is scheduled to announce financial results for the 3rd quarter after the end of trading tomorrow, but according to Wells Fargo, the company announced the latest information on the Blackwell GPU product line yesterday, and it seems “progressing smoothly.”
Shares rose 1.4% in pre-market trading.
“NVDA specifically pointed out Foxconn's production expansion in the US, Mexico, and Taiwan, and is trying to increase production capacity as soon as possible by utilizing NVDA Omniverse for 3D factory design,” analyst Aaron Lakers wrote in a memo to customers, adding that Foxconn plans to gain 40% share of NVIDIA's GB200 NVL rack scale solution last week.
At the Nvidia presentation where Chief Executive Officer Jenson Huang (CEO) and executive Ian Buck took the stage, Dell (Dell) and Super Micro (SMCI Both companies) are in the first phase of XAI's 0.1 million GPU cluster deployment using Nvidia's Spectrum-X Ethernet switchingIt was also emphasized that they are involved in the deployment.
Other than that, the company also emphasizes full-stack optimization, and Arm in terms of power efficiency (ARM) Several announcements were made, such as the importance of the 72-core Grace CPU, the 2026 release schedule for next-generation Rubin products, and the competitive advantage of Spectrum-X compared to conventional Ethernet.
“In short, NVIDIA's presentation outlined the company's ongoing enhancements to its software capabilities across a broad range of industry sectors and application domains,” Rakers wrote. “NVIDIA emphasized that there are currently 5.4 million NVIDIA developers, 4K accelerated applications, and over 400 CUDA-X libraries, and that the cumulative number of CUDA downloads exceeds 62 million times.”
Shares rose 1.4% in pre-market trading.
“NVDA specifically pointed out Foxconn's production expansion in the US, Mexico, and Taiwan, and is trying to increase production capacity as soon as possible by utilizing NVDA Omniverse for 3D factory design,” analyst Aaron Lakers wrote in a memo to customers, adding that Foxconn plans to gain 40% share of NVIDIA's GB200 NVL rack scale solution last week.
At the Nvidia presentation where Chief Executive Officer Jenson Huang (CEO) and executive Ian Buck took the stage, Dell (Dell) and Super Micro (SMCI Both companies) are in the first phase of XAI's 0.1 million GPU cluster deployment using Nvidia's Spectrum-X Ethernet switchingIt was also emphasized that they are involved in the deployment.
Other than that, the company also emphasizes full-stack optimization, and Arm in terms of power efficiency (ARM) Several announcements were made, such as the importance of the 72-core Grace CPU, the 2026 release schedule for next-generation Rubin products, and the competitive advantage of Spectrum-X compared to conventional Ethernet.
“In short, NVIDIA's presentation outlined the company's ongoing enhancements to its software capabilities across a broad range of industry sectors and application domains,” Rakers wrote. “NVIDIA emphasized that there are currently 5.4 million NVIDIA developers, 4K accelerated applications, and over 400 CUDA-X libraries, and that the cumulative number of CUDA downloads exceeds 62 million times.”
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Jamaica no problem : Every time before the earnings reports are announced, there are many reports with positive and negative materials emerging, which can be misleading. Thank you for the reassuring information